What a Week: How Washington Responded to America's Financial Crisis

i gurantee ameica has t seen the worst yet..washingon will keep on tryinjg to make things seem ok

what the hell is everyone so positive about? MER and C posted MAJOR LOSSES. So what, they beat the watrered down "estimates" from wall street, you would have to be a fool to think we are anywhere near a bottom. More banks will fail, more issues will arise, and more stick saves by congress will be attempted, but one things for sure, a deflationary recession is coming, and your not going to like it.

Things should always be looked as relative and in right perspective. I don't see everything becoming good in a day or week,but there are some steps which could possible lead to better future(if not worse).I think country is under big pressure and could lead to world destablization and will hurt people all over the world. We need to take stpes to fix it.

Maybe the rich people and big American companies take the same responsibility as the government did. Instead of finding way to cheat on tax and on the poor American people.

The government did more than save two financial top dogs. The effected stocks of the SEC's ruling rose an average of 12% in ONE DAY, and continued to rise throughout the week. That's a good thing. You have to give the economy a chance. If you hate it that badly, vote for the change, and enjoy the coming fascist state. But, if you want happiness, invest in stocks that are on a constant rise, with few exceptions.

Relax, the world is not coming to an end. When things are going great everyone thinks everything will continue going up, when things are bad, people think it will continue to be bad.

There are alot of issues that the American people SHOULD stand up and voice an opinion or better yet get involved to make a change for the better however;the Government, the world, has us so busy trying to make a living and making ends meet that by the time we get home at night all we are able to do is to grab something to eat and try to relax before we need to go to bed in order to get up the next morning and do the grind all over again! Forget about helping junior with their homework or spending quality family time; people NOW in this generation are working harder, faster, and more hours and most times working more than one job that I have seen in the last 54 years!!! When is enough going to be enough??

LOL - This is ridiculous. Everybody is telling us speculators are not causing oil price spike. What happened this week. I'm thinking speculation selling caused oil to drop. The Oil industry says that the oil is excessively high priced for no reason. The government, and the people are going after the oil industry. In reality the falling dollar, the speculation just might have something to do with all of this.

As i read the Wall Street Journal while i'm on the TOILET ...yes that's right, on the TOILET. ..... I am finding that this past week has been incredibly difficult to get a POOP to come out. Translation: Even my poop is terrified of landing on American territory. (let's hope for the better on the economy so i can get back to enjoying my time on the comode. :)

Everybody: Know your history. It is election year. Just relax and sit back. Don't make any big moves. The pain will continue and anything happen, the unexpected. Don't let fear run your life. Sell your TV and stop reading junk that make you do things on fear. Get only the facts and judge on logical determination on your situation. Don't be fool. Read behind the lines. You got the point.

I wish everyone would get their act together. Remember what happen to the Romans. History sometimes tells the future.....

It's a joke that the U.S. doesn't drill for their own oil. The best drillers in the world, and the best deep water drillers are all in the U.S. companies. What a joke that the U.S. won't even explore their own resources.

These are the times when things all around world is going sour Let not forget the times were good and in future let us hope will be nice all around us But at present all around globe as we feel some kind of uncertainly every corner of the world some kind of nervousness everywere because of losses deep depressions and may be the great cause of some kind of weather changes unbalanced globally as we are marching ahead every possible stress we are giving to our selves mentally and physically at excess capacity we are running, using our strength In past all our elders are giving. These days we keep struggling to fight for grabbing what ever finds in our way whether we deserves for it or not ,This mainly because of resources are fast decreasing and demands pour in as global population is going up and up also expectations are going higher and higher ,One thing for sure that if all we are not going to not think for our less fortunate brothers God is not going to help us whether we believe in god or not it is not matter of spirituality but our Mother Earth will not co operate with us.

These are the times when things all around world is going sour Let not forget the times were good and in future let us hope will be nice all around us But at present all around globe as we feel some kind of uncertainly every corner of the world some kind of nervousness everywere because of losses deep depressions and may be the great cause of some kind of weather changes unbalanced globally as we are marching ahead every possible stress we are giving to our selves mentally and physically at excess capacity we are running, using our strength In past all our elders are giving. These days we keep struggling to fight for grabbing what ever finds in our way whether we deserves for it or not ,This mainly because of resources are fast decreasing and demands pour in as global population is going up and up also expectations are going higher and higher ,One thing for sure that if all we are not going to not think for our less fortunate brothers God is not going to help us whether we believe in god or not it is not matter of spirituality but our Mother Earth will not co operate with us.

US is headed for a Civil War!!! Take Protective measures if you are staying independently.

Truly great report. Thanks Aaron.

US is headed for a Civil War!!! Take Protective measures if you are staying independently.

THE TRUE FACT IS GOVERNMENT N SEC KNOWS THAT FANNIE N FREDDIE N LOTS OF OTHER BANKS ARE IN DEEP TROBLE WITH THEIR HOLDINGS THAT IS WHY THEY ARE TRYING TO STOP THE SHORT SELLING N THEY KEEP TELLING US THAT EVERYTHING IS OK WHAT A JOKE WITH THE EARNINGS REPORT FROM WELLS, CITI ALL THEY HAVE PROBALY DONE IS BORROW ENOUGH FROM THE FEDS TO SHOW A GOOD BAL SHEET BUT WE ALL KNOW THAT THEY WILL END UP WRITING IT DOWN WITHIN TIME COME ON THEY WERE GREEDY NOW LET THEM BE HONEST HAVE GUTS WRITE DOWN WHATEVER IS BAD N SEE WHAT HAPPENS TO THE STOCK PRICE OR BETTER YET THE COMPANY ITSELF PROBALY GO UNDER THIS WAY THE TAX PAYER WILL NOT GET STUCK WITH THE BILL OR TO BE SPECIFIC OUR CHILDREN N GRANDCHILDREN.

Unintelligent and illiterate comments without exception. An unfortunate indication of the low quality of readership.

The Bank suffer a set back. No doubt about it.One Reason..Bad Debts. The financial position of all Bank around the world is in bad position.Huge losses........It does not mean they will all go bankcrupt may be some are....Tht is facts........Because of all mistakes financial sector suffer.Now they are consolidating their position after large written off of bad debts.For all bad experience,all bad publicity day in and day out.I believed they learned a lesson,After this consolidation.I firmly hope,things will getting better next time around.It takes time,like new born baby. Yes recovery is in very slow mode not like previous recoery.The most is three to five years to recover but if things go smothly without any set back from here.The recovery will be complete in two years time. I said two years time,if there is no set back from now.In fact I see the path of recovery because they are now building the way for it.